Markets


Delhi: BJP eyes hat-trick in MCD elections
- March 27, 2017

Hailing the announcement made by chief minister Arvind Kejriwal on Saturday abolishing house tax if the party is voted to power in the corporation elections, Mr Sisodia said that BJP and the Congress should not worry as common man is happy with the promise of abolition of house tax which, he alleged, has become a source of widespread corruption for councillors and officers. (more...)
Ryan pulls GOP health care bill following call from Trump
- March 27, 2017

Democrats said Americans can "breathe a sigh of relief". "It's imploding and soon will explode and it's not going to be pretty", Trump said. In remarks Friday afternoon from the Oval Office, Trump said it was hard to pass the bill without a single Democratic vote. (more...)
Celebrities Get Angry About Airline's Leggings Ban Celebrities Get Angry About Airline's Leggings Ban
- March 27, 2017

USA airline United has faced anger after its agent apparently ordered women wearing the sportswear to change - or facing losing their seats if they did not have alternative clothing . Three of the girls did end up boarding the plane after putting a dress on over the top of their clothing. "As the mother of 4 daughters who live and travel in yoga trousers, I'd like to know how many boys United has penalized for the same reason", she said on Twitter. (more...)
BT fined record £42million by regulator Ofcom for 'serious breach' of rules
- March 27, 2017

However, BT's Openreach has found itself in hot water regarding its tardiness in fulfilling Ethernet installations for other telecom companies. BT estimated the compensation it will have to pay at 300 million pounds, though the amount may still change. (more...)
China's HNA to buy stake in U.S. asset manager China's HNA to buy stake in U.S. asset manager
- March 27, 2017

Following the sale to the USA arm of China's HNA Capital in two tranches, Old Mutual's will have a 25.9% holding in OM Asset Management, down from 50.8%. OM Asset Management has about US$240 billion of assets under management. Old Mutual unveiled plans in March 2016 to break up its four divisions by the end of 2018, and within weeks potential bidders for OM Asset Management emerged. (more...)
Westinghouse Bankruptcy May Limit Toshiba's Looming Losses Westinghouse Bankruptcy May Limit Toshiba's Looming Losses
- March 27, 2017

Toshiba has been grappling with construction delays at Westinghouse projects that could result in a writedown of 712.5 billion yen ($6.2 billion), though it hasn't been able to get auditors to sign off on the final figures. Toshiba said it was not appropriate to comment prematurely. The sources asked not to be identified because preparations for a potential Westinghouse bankruptcy are confidential. (more...)
Highlights: Russell Westbrook's 36th triple-double not enough as Rockets blast Thunder Highlights: Russell Westbrook's 36th triple-double not enough as Rockets blast Thunder
- March 27, 2017

He didn't miss a shot until his layup was blocked by Jerami Grant early in the fourth quarter. Thanks to Westbrook, the Thunder fought back to get within eight points with 1:32 left, but just like most of the game, OKC couldn't get a stop when it needed it most as Houston held on for the win. (more...)
Watch India Vs Australia 4th Test Day 3 Live Match on Hotstar
- March 27, 2017

Replying to Australia's total of 300 runs, the hosts were at 108/1 at one stage but finished the day at 248/6 with Wriddhiman Saha and Ravindra Jadeja on crease. Vijay was tested well outside his off-stump by both Hazlewood and Cummins and the Indian opener did leave a lot of deliveries. The four-match series is level at 1-1. (more...)
Russian Federation keeps previous forecasts for oil prices, despite lower global stock - minister
- March 27, 2017

While the announcement is viewed in some quarters as having the potential to cause further market jitters in advance of the OPEC meeting this weekend to discuss compliance and a possible extension of the cutbacks, Piotr Matys , an emerging market currency strategist at Rabobank , said , "The finance ministry, the cabinet, and the central bank are leaning on the cautious side in terms of their expectations regarding growth, driven still to a large degree by oil". (more...)
Both parties weigh in on future of healthcare in America Both parties weigh in on future of healthcare in America
- March 27, 2017

Essential health benefits , like prenatal and post-natal care, are still protected. As such, NFU applauds the withdrawal of the bill. "But for tomorrow, we must gird ourselves for the battles yet to come". Effectively, none have found health insurance at work - the number of jobs with health insurance has not grown. That would be close to the rate of people without insurance before the current law, commonly referred to as Obamacare, took effect, according to the analysis . (more...)
Amazon Sales Tax Collection Goes Nationwide April 1st, No Fooling Amazon Sales Tax Collection Goes Nationwide April 1st, No Fooling
- March 27, 2017

Initially this didn't prove to be a significant threat to traditional stores but, as online sales grew, the number of complaints regarding the advantage online stores presented increased. However, that advantage has gradually been taken away as more and more states have taxed online purchases. In February, Amazon added 10 more states where it now collects sales tax. (more...)
House Freedom Caucus Leaves White House Without a Healthcare Deal House Freedom Caucus Leaves White House Without a Healthcare Deal
- March 27, 2017

But the head of the Freedom Caucus, Representative Mark Meadows of North Carolina, insisted Sunday that progress on health care remained possible. "I believe this bill, in its current form, will lead to the loss of coverage and make insurance unaffordable for too many Americans", Dent said , "particularly for low-to-moderate income and older individuals". (more...)
Fired prosecutor Preet Bharara leaves to applause Fired prosecutor Preet Bharara leaves to applause
- March 27, 2017

Bharara has in recent years gone after over a dozen state officeholders, and Bharara's office is now prosecuting former associates of Gov. Andrew Cuomo in a bribery case. Mukasey is the son of former Attorney General Michael Mukasey and a protege of. "Being the U.S. Attorney in SDNY will forever be the greatest honor of my professional life". (more...)
Oil Prices Gain For The Session, But Fall For The Week
- March 27, 2017

US crude futures settled up 27 cents, or 0.57%, at $47.97 a barrel on the New York Mercantile Exchange. At the same time, the demand growth outlook for 2017 remains unchanged at a healthy 1.4 million bpd. OPEC and its partners would deplete less than one-third of the 300 million-barrel surplus if they cut for just six months, data from the International Energy Agency indicate. (more...)
Elton John celebrates milestone birthday with star studded party Elton John celebrates milestone birthday with star studded party
- March 27, 2017

Taking charge of the evening's most important matter, Wonder and Gaga lead the room in singing the funkiest rendition of " Happy Birthday " you will ever hear! John recently told Beats 1's Zane Lowe , "Some people don't like birthdays, they don't like celebrating, they don't want to know about them, and I've always enjoyed my birthday". (more...)
Schumer bashes legislation that would kill internet privacy
- March 27, 2017

That's a much stronger privacy-protection weapon than letting them use your data until you tell them to stop. Privacy and consumer groups say they worry that means no one is on guard enforcing the public's privacy rights. Markey said that the measure would allow "broadband providers to take control away from consumers and relentlessly collect and sell their sensitive information without the consent of that family". (more...)
Bulgarians Vote In New Snap Poll As EU, Russia And Turkey Watch Bulgarians Vote In New Snap Poll As EU, Russia And Turkey Watch
- March 27, 2017

Socialist chief Ninova denied that her party's perceived Russian sympathies would have any impact in power. Along with the immigration, the election campaign focused on the future of the European Union, which Bulgaria joined in 2007, and the influence of Russian Federation and Turkey on domestic politics. (more...)
Congressman Chris Collins Statement on the American Health Care Act
- March 27, 2017

A vote is now expected sometime Friday afternoon, though the GOP plan known as the American Health Care Act still remains in limbo as members on both the right and center of the Republican caucus find parts of it hard to stomach. Kentucky politicians are reacting to the GOP pulling President Donald Trump's health plan bill from a vote on Friday afternoon. From 2010-2015, more than 16 million people in the United States gained access to health insurance coverage through the ACA, including ... (more...)
Trump overlooks his Obamacare promise
- March 26, 2017

This was especially spoken about during the Presidential campaign, as many people felt that the Democrats would not change healthcare if Hilary Clinton won. The former SC congressman said that if the House does not pass the bill, the president is moving on to other priorities and leaving the law known as Obamacare in place, a source who was in the meeting tells NPR's Susan Davis. (more...)
United Airlines Gate Agent Made Teens In Leggings Cover Up United Airlines Gate Agent Made Teens In Leggings Cover Up
- March 26, 2017

As social media exploded with anger, the airline said the two girls had been travelling on standby as relatives of employees which meant they were representing United and subject to a stricter dress code than applied to other passengers. The airlines, however, does not define "properly clothed". Watts reported that two young women were turned away because they didn't have clothing to replace their leggings, while a third passenger was able to change into a dress. (more...)